Airtel deploys Open Hybrid Cloud Network with IBM, Red Hat

Bharti Airtel on Tuesday said it has completed the first phase of its Open Hybrid Cloud Network built with IBM and Red Hat’s portfolio of hybrid cloud and cognitive enterprise capabilities.

With this deployment, Airtel’s customers and ecosystem partners will have a flexible foundation to build and deploy innovative applications on the cloud network. They will also gain enhanced performance, availability, automation and scaling, all the way from the core to the network edge, the company said in a statement.

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Microsoft Could Be a $2 Trillion Company. Analyst Sees Gains From Cloud Business.

Microsoft stock has climbed more than 15% in 2020 as the company has avoided much impact from Covid-19. Yet Wells Fargo argues that the shares have more room to run—and that the tech giant’s market capitalization could grow to more than $2 trillion on the strength of its Azure cloud-computing business.

Analyst Philip Winslow reiterated an Outperform rating on Microsoft Tuesday, while boosting his target for the stock price to $250 from $205, based on the strength of the company’s cloud offerings.

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